Economics Final
Across
- 4. money spent by officials
- 5. the loss of potential gain from other alternatives when one is chosen
- 7. the current president of the US
- 9. mandatory payment to the government to cover costs of general government
- 10. the amount of $ a lender or financial institution recieves for lending $
- 11. the amount of goods/services that are available to buy vs the amount people want to buy
- 14. the way one thing changes in a given environment in response to another variable that has changed value
- 15. where investors buy/sell shares of companies
- 18. an economic/political system where property, business
- 19. how to produce, what to produce, for who to produce it
Down
- 1. using borrowed $ with the agreement of paying it back
- 2. when $ is given to another party in exchange for repayment of the loan principal amount and interest on top
- 3. an event caused by the stock market crashing, lasted from 1929-1941
- 6. the rate of increase in prices over a given period of time
- 8. a spending plan based on income and expenses
- 12. method used by companies to adjust prices based on demand
- 13. Land, Labor, Capital
- 16. form of payment, can be physical/digital
- 17. a measurement of how much $ is earned vs amount spent
- 18. the ability of someone to buy things/use money before paying, " " score